In the Media

Signs You Are Saving More Than You Need for RetirementIn The Media Link

“I like to tell people that they should save enough money so that once they retire they don’t have to cut back their lifestyle,” said Howard Dvorkin, CPA and chairman of Debt.com. “Today, many people retire with debt that eats up their retirement income.”

Concerns about by now, pay later plans mount — along with consumer debtIn The Media Link

ConsumerAffairs asked Howard Dvorkin, CPA and chairman of Debt.com, for the ugly truth anyone considering BNPL needs to know.

“All BNPL providers are not the same. They offer very different terms, and you need to closely review the agreement,” Dvorkin said, noting that like credit cards, BNPL arrangements have varying terms on payback, interest rates, and fees. “This definitely isn’t like paper towels, where both Bounty and Brawny will wipe up a spill.”

Most Americans Don’t Know the Standard Tax Deduction Amount: Here Are the Top Details To KnowIn The Media Link

“People hear the phrase ‘death and taxes’ and think neither can change. While death doesn’t change, taxes certainly do. Or rather, the rules governing them change all the time,” said Howard Dvorkin, CPA and chairman of Debt.com. “The most important fact to know is that deductions come in two flavors: standard and itemized. Each reduces your taxable income. Sadly, you can’t use both at the same time. You must choose.”

Amid persistent inflation, 54% of Americans are using savings to pay for everyday expensesIn The Media Link

“There’s a great deal of economic risk right now, and if you’re borrowing from your future or someone else to cover expenses, an economic slowdown could be worse for you than it has to be,” said Howard Dvorkin, CPA and chairman of Debt.com.

Valentine’s Day Tips for Talking About Money as a CoupleIn The Media Link

In more than 20 years as a financial adviser, Howard Dvorkin, chairman of Debt.com, has had plenty of couples approach him with money issues that eventually lead them to break up.

“You should talk about money, lifestyle, goals and dreams,” he said. “Because (money) affects your dreams, and if you go into a relationship with debt, your dreams may be altered.”

Valentine’s Day Tips for Talking About Money as a CoupleIn The Media Link

In more than 20 years as a financial adviser, Howard Dvorkin, chairman of Debt.com, has had plenty of couples approach him with money issues that eventually lead them to break up.

“You should talk about money, lifestyle, goals and dreams,” he said. “Because (money) affects your dreams, and if you go into a relationship with debt, your dreams may be altered.”

State of the Union: 5 Key Points That Could Impact Your WalletIn The Media Link

“The first contentious part of Biden’s speech was about the debt ceiling,” said Howard Dvorkin, CPA and chairman of Debt.com. “When Biden accused some of his “Republican friends” of wanting to “take the economy hostage,” the GOP jeers briefly interrupted his speech.”

What Happens If Your Taxes Do Not Go as Expected?In The Media Link

“Doing taxes is like renovating a house. If it goes according to plan, everyone is shocked — including the professionals hired to do the job,” said Howard Dvorkin, CPA and chairman of Debt.com. “In both cases, people can seldom predict what they’re going to find once they dig in. If someone has had any change in income — for better or worse — the only surprise would be having no surprises.”

Survey: Lying About Money To Your Partner Is As Bad As CheatingIn The Media Link

Howard Dvorkin, chairman of Debt.com, says fear is a factor for the nearly 1 in 4 Americans who admit lying to a partner about finances and the more than 1 in 5 Americans who believe lying about finances is akin to other sorts of lying or infidelity.

10 Budgeting Methods To Help You Take Control of Your MoneyIn The Media Link

While a recent Debt.com survey found that 93% of Americans believe everyone should budget, only about 67% do. Furthermore, of those who don’t budget, 39% said it was because they don’t make enough money, and another 22% said it was because budgeting is too time-consuming. A further 16% said they don’t budget because it didn’t help them when they tried.